Procurement policy Procurement departments in private sector organisations have often been left to develop their own policy and procedures, with little external oversight or interference. However, as legislation concerning adherence to ESG (economic, social and governance) is enacted (mainly in developed countries), the regulatory Framework will become a Policy document for Procurement. Within ESG legislation, stakeholders have rights that are … Read More
Achieving Collaboration in Supply Chains is a challenge
Collaboration is required for S&OP Collaboration is what people are able to do when they perceive a mutual advantage. A supply chain professional understands the importance of cross-function collaboration and recognises that it does not require Slack, Teams, Zoom or other technology, system or application, although a well designed app can help. The previous blogpost discussed how planning Operations can … Read More
Planning Supply Chains needs teams to Collaborate
Planning supply chains There has been much discussion and articles concerning disruptions to organisations’ supply chains. They assume that disruptions are only an external event, but disruptions can also come from within. The previous blogpost discussed the ‘One Plan’ approach for planning your supply chains. At some point realism must also be included that the sales forecast input may not … Read More
Supply Chains Planning and Scheduling different views
Planning concerns have not changed Management has limited time to consider the strategic and tactical direction of your organisation. Also consider the amount, detail and accuracy of data and information required, as it flows through your organisation. At each level of the information flow, there is a need for alignment between the management’s time available and the volume of data … Read More
Cash to Cash is the measure of choice for Supply Chains
Higher interest rates The statement ‘We behave how we are measured’ is not only true of people, but markets and businesses. Low interest rates have not only fuelled high share (or stock) and real estate prices, they have influenced business behaviour. For the past twelve years, low (or even negative) interest rates have encouraged some established businesses to borrow money … Read More